1 bedroom Studio flat For Sale
£80,000
Snugly situated at the top floor of this purpose built development, this is a really lovely studio flat. With double aspect windows the whole room is bathed in natural light giving a calming, peaceful feeling. The living/bedroom area is spacious with buckets of room to set up your bedroom and living area to enjoy life to the full. Set aside in a natural alcove, the modern fitted kitchen has good worktop & cupboard space and comes with electric hob & oven, washing machine & undercounter fridge/freezer. Completing the accommodation is the contemporary tiled bathroom with electric shower over bath arrangement. There is also a storage cupboard in the hallway for those necessary household appliances.
The flat is located on the third floor of the development and accessed via stairs - please note the development does not have a lift. Entry to the building is via a secure system.
There is parking on-site for one car.
With its excellent location on Hulse Road, there is a great choice of shopping and recreational amenities all within walking distance with a Lidl supermarket just down the road, the shops, bars, restaurants & coffee shops on Bedford Place and an even greater selection in Portswood just under a mile away. Just up the road is Southampton Common where you can enjoy keep fit activities, a relaxing walk in the fresh air and, in the summer months, the occasional music festival or concert. There is good access to public transport to take you into and away from the city centre, to Southampton University, Southampton General Hospital, the airport and as far as Winchester via Chandler's Ford.
The flat is an ideal starter home or an investment. The property has been rented in the past and we would anticipate an annual income of c£9,300 giving a gross yield of 11%.
PRACTICALITIES:
No Chain
Title: Leasehold - 189 years from 1970
Service charge – current £2,000 p.a.
Ground rent - £0
EPC Rating: E with potential to go to C
Council Tax Band: A
Heating - electric
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Successful buyers will be required to complete online identity checks. The cost of these checks is £72 inc. VAT per purchase which is paid in advance, directly to the provider - details from Belvoir at point of accepted offer. This charge verifies your identity in line with our obligations as agreed with HMRC EPC rating: E. Council tax band: A, Domestic rates: £1587.65, Tenure: Leasehold, Annual service charge: £2000, Service charge description: Billed quarterly, Length of lease (remaining): 152 years 2 months,
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